Energy efficiency, reduction of greenhouse gas emission and landfill consumption, and higher quality products will be the drivers of innovation in the steel industry over the next few years. The increasing demand for energy and its consequent rise in prices pushes steel producers to apply new solutions. The efficient use of resources is an integral part of Tenova's selling proposition.
On February 17, 2022, Tenaris announced an investment of US$190 million in the construction of a wind farm in the Buenos Aires town of Adolfo Gonzales Chaves. The project will supply about 50% of the electrical energy required by the company's Industrial Center in Campana, reducing CO2 emissions by 152,000 tons per year.
TechEnergy Ventures is a corporate venture capital (CVC) initiative created by Tecpetrol’s Energy Transition Unit, whose remit is to invest in and accelerate the development of disruptive technologies in the areas of carbon management, sustainable lithium extraction, clean power/electrification, and hydrogen and clean fuels.